Bangladesh's Eighth Five Year Plan (2021-25): Development Strategy and Interests of the 'Left Behind'
2. Faultlines of the Recent Development
Experience
2.1 Delink between programmed inputs and recorded
outcomes
7FYP: Target vs Achievement of Selected Indicators
Items
Total
Revenue (%
of GDP)
Total Public
Expenditure
(% of GDP)
Fiscal Deficit
(% of GDP)
Private
Investment
(% of GDP)
Exports
(US$
billions)
Remittances
(US$ billions)
FDI (US$
billions)
(FY2020)
(FY2020)
(FY2020)
(FY2020)
(FY16-20)
Target
16.1
21.1
4.7
26.6
233.8
(FY16-20)
105.8
(FY16-20)
30.2
12.4
17.9
5.3
23.6
179.7
76.1
8.9
(-) 70.5%
Actual
Achievement (-) 23.0% (-) 15.3% (+) 12.8% (-) 11.3% (-) 23.2% (-) 28.1%
rate
Source: Based on 7FYP (GED), Export Promotion Bureau (EPB), Bangladesh Bank.
How could we attain the GDP growth target when production related
indicators had been far away from the mark?
deficiency or Data confusion?
Deb. Bhattacharya: Development Strategy and the Left Behind
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